“are less confident in a choice when they are asked to produce more arguments to support it” — Daniel Kahneman Copy Share Image
“people who spend their time, and earn their living, studying a particular topic produce poorer predictions than dart-throwing monkeys who would have… — Daniel Kahneman Copy Share Image
“Bernoulli observed that most people dislike risk (the chance of receiving the lowest possible outcome), and if they are offered a choice… — Daniel Kahneman Copy Share Image
“This example highlights two aspects of choice that the standard model of indifference curves does not predict. First, tastes are not fixed;… — Daniel Kahneman Copy Share Image
“Freedom has a cost, which is borne by individuals who make bad choices, and by a society that feels obligated to help… — Daniel Kahneman Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image
“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between… — Daniel Kahneman Copy Share Image
“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.” — Daniel Kahneman Copy Share Image
The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even… — Daniel Kahneman Copy Share Image
“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually… — Daniel Kahneman Copy Share Image
“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.” — Daniel Kahneman Copy Share Image
Survival prospects are poor for an animal that is not suspicious of novelty. — Daniel Kahneman Copy Share Image
“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.” — Daniel Kahneman Copy Share Image
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;… — Daniel Kahneman Copy Share Image
“knowing little makes it easier to fit everything you know into a coherent pattern.” — Daniel Kahneman Copy Share Image
Experts don't know exactly where the boundaries of their expertise are. — Daniel Kahneman Copy Share Image
